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Travel Rule Compliance Surges on New Regs, Stablecoin Payments
Travel Rule Compliance Surges on New Regs, Stablecoin Payments
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Almost all cryptocurrency firms expect to be compliant with anti-money laundering (AML) transparency rules known as the Travel Rule by year-end, according to an annual survey by Notabene. The survey of 91 virtual asset service providers (VASPs) and 10 regulatory bodies found 90% expect full compliance by midyear. Notabene’s head of marketing noted this is the first time all respondents committed to compliance in the same year.
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